Stonebridge Property Group is pleased to present for sale Armstrong Creek Medium Density Superlot.
This 4.521 ha* fully serviced superlot is permit approved for a medium density development within the Armstrong Creek East PSP. The permit allows for a subdivision of 111 lots with alternate concepts in place for a 148 lot subdivision and a townhouse/childcare built form outcome (STPA).
The landholding is adjacent to the Woolworths anchored Warralily Shopping Centre, which offers a wide variety of retail amenity, and presents a rare opportunity to deliver a flagship built form development in a highly sought after corridor.
The key highlights of the opportunity include:
- 4.521 ha* superlot permit approved for 111 lot subdivision, with concept plans in place for 148 lot medium density outcome and a builtform townhouse/childcare proposal
- Fully serviced superlot and PSP approved within the Armstrong Creek East Precinct Structure Plan, a highly sought after corridor
- Adjacent to major amenity including Woolworths anchored The Village Warralily Shopping Centre and the state-of-the-art Armstrong Creek Community Hub
- An abundance of education options, being opposite both Armstrong Creek School and Oberon High School, with St Catherine of Siena Primary School less than 1 km* away
- Strategically positioned with 465 m* corner frontage to Harkness Boulevard and Harriott Road with visibility to Barwon Heads Road which will promote childcare, medical, NDIS and aged-care uses
- Armstrong Creek is expected to provide housing to 55,000 to 65,000 people and 22,000 high paying technology jobs through Deakin University^
- Armstrong Creek’s Median House price is $708,000, which has grown at a significant 6.7% compounded annual growth rate for the past 5 years^^
- Extremely rare infill opportunity adjacent to the top selling greenfield project in Victoria, Warralily Estate^^^
- Armstrong Creek Medium Density Superlot resides across two titles and is presented for sale in-one-line or in 2 super lots
*Approximately
^ Source: City of Greater Geelong
^^ Source: REIV
^^^ Source: Bellarine Times – Warralily celebrates 10,000th resident
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.